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In Case You Missed it: 2013 in Financials

The last several years have been, shall we say, interesting for the Financial sector, and 2013 was no different. In case you missed it, here were some of the biggest stories, symbolic and otherwise, to come out this year:

June

Investors Cash out $4 Billion from SAC Capital. Amidst a massive insider trading scandal that went all the way to the top of hedge fund SAC Capital, panicked investors begin pulling out their money to distance themselves from the beleagured company.

September

Raghuram Rajan installed as head of India's Reserve Bank. One of the biggest developing markets in the world tries to halt financial catastrophe by installing "rock star" economist Rajan as head of their central bank. Rajan plans broad sweeping reofrms meant to modernize the country's financial system.

October

Janet Yellen named Fed Chief. Yellen is a well-respected choice, and is widely considered a "dove" who takes a favorable view of quantitative easing. Yellen's ascension makes her the first female head of the Federal Reserve in its history.

November

The Vatican releases first-ever earnings report. For the first time in its 126-year history, the central bank of the Vatican opts to open up their books to public scrutiny. The move is part of a wide range of reforms undertaken by the Holy See in response to the Church's damaged reputation.'

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